Asset Manager News & Perspectives

December 13, 2017

FS Investments and EIG Global Energy Partners to Form Partnership to Manage $4 Billion FS Energy and Power Fund

FS Investments, a leading alternative investment manager with more than $20 billion in assets under management, today announced that it has entered into an agreement to create a joint venture with EIG Global Energy Partners (EIG), a global alternative investment firm focused on energy and energy-related infrastructure.

December 13, 2017

NexPoint Capital, Inc. BDC Increases Offering Price

On December 13, 2017, NexPoint Capital, Inc. increased its public offering price from $10.48 per share to $10.52 per share.

December 13, 2017

Colony NorthStar Signs Letter of Intent with S2K to Create “Colony S2K”

Colony NorthStar, Inc. (NYSE:CLNS) strengthened its commitment to its retail distribution platform Tuesday by signing a non-binding letter of intent with S2K Financial Holdings LLC (“S2K”) regarding the combination of Colony NorthStar’s broker dealer, NorthStar Securities, LLC (“NorthStar Securities”) with S2K to create a market leading broker dealer retail distribution business.

December 12, 2017

Cottonwood Residential Completes $166.5 Million Master Credit Facility, Encompassing Seven Multifamily Properties

The initial draw under the facility was secured by seven assets, totaling 1,863 units, located in four states.

December 12, 2017

Benefit Street Partners closes $2.55 billion debt fund

Benefit Street Partners, the credit arm of private equity firm Providence Equity Partners, closed its most recent credit fund, Benefit Street Partners Debt Fund IV, at its $2.55 billion hard cap.

December 12, 2017

Mentos, Diet Cokes and Creative Wholesaling – Steve Spangler

Do advisors look forward, with much anticipation, to your next visit?

December 12, 2017

Industry opponents urge appeals court to rule on DOL fiduciary rule

Plaintiffs cite the two provisions of the regulation that became applicable in June, which they claim are 'imposing direct, substantial and continuing burdens on appellants' members'

December 12, 2017

CNL Lifestyle Announces Final Liquidating Distribution

In a December 11 press release, CNL Lifestyle Properties announced the final liquidating distribution, marking the full-cycle event for the REIT which launched its IPO on June 23, 2004.

December 12, 2017

Tax Reform Potential Impacts on CRE Investment per Marcus & Millichap

According to Marcus & Millichap’s First V.P. for Research Services John Chang, here is an Executive Summary of the key components of the House and Senate tax reform bills which may impact CRE investment, followed by some specific interpretations of potential impacts: